Wine also has a well-deserved reputation for being secure and reliable. Fine wine has almost zero correlation to the stock market, making it a true safe haven during periods of market volatility. During the recession of 2007/8 the S&P 500 plunged 38.5%. In contrast, the Liv-ex 1000, the market-leading index for fine wine, dipped by just 0.6%. The same pattern emerged in March 2020 when the S&P 500 fell by 25% while the Liv-ex 1000 slipped barely 4%.
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